Opinion on Home Furniture and Housewares in Europe

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Type Product title / description Pub Price
Expert View
Expert View

Ikea: plastic bags that won't cost the earth

Furniture retailer Ikea has announced a five pence charge for each plastic bag it gives customers in a move praised by the Environment Agency, which supports a tax on plastic bags. However, the British Retail Consortium opposes a levy because it claims the problem makes up less than 5% of the UK's litter.

Published By Datamonitor
05 Jun 2006
CommentWire
CommentWire

Ikea: opportunities in the electricals market

Ikea could be next in a long list of retailers to move into the electricals market after Anders Dahlvig, chief executive, said that the company is considering adding electricals to its iconic furniture. In light of electricals' positive market outlook, Ikea's brand strength and its vast store footprints, selling electricals could prove a sound move by Ikea.

Published By Datamonitor
02 Apr 2007
Expert View
Expert View

Ikea: manufacturing efficiencies

News that Swedish home furnishings retailer Ikea is planning to restructure its work-force in the UK and reduce staff numbers, in a bid to become more efficient, is a sign that that even the most innovative and successful retailers are not immune to a slowdown in UK retailing.

Published By Datamonitor
11 Jul 2007
CommentWire
CommentWire

Ikea: cautious launch of online shopping services

A phased launch of Ikea's transactional website is expected to occur throughout 2007. The website will be highly popular, and is a further example of the retailer's increasingly flexible business model.

Published By Datamonitor
28 Nov 2006
CommentWire
CommentWire

Ideal Shopping Direct: will change in strategy aid sales?

Ideal Shopping Direct, which sells online as well as through its TV shopping channels, reported a loss of GBP3.6m before exceptional items for full year 2008. Following changes on the executive board and a strategic review, the remote retailer has identified several areas upon which it can improve in 2009. However, it remains to be seen whether this will work against a bleaker economic outlook.

Published By Datamonitor
20 Apr 2009
CommentWire
CommentWire

HRG: spreading the risk

The benefits of a multi-channel, multi-fascia retail business were shown when the UK's HRG reported contrasting fortunes for its two retail brands, Homebase and Argos, over the last quarter. While there is a certain amount of crossover between the two businesses, each one's different focus helps insulate the group from poorly performing markets.

Published By Datamonitor
13 Sep 2007
Expert View
Expert View

HRG: Argos defies expectations as Homebase's woes continue

Home Retail Group has announced that its main fascia, Argos, has experienced better than expected recent trading, with like-for-likes declining by only 1.6% in the final eight week trading period of the financial year ended February 28, 2009. However, sister chain Homebase has continued to struggle, with like-for-likes declining by 10.2%.

Published By Datamonitor
12 Mar 2009
CommentWire
CommentWire

Homestyle: rocky road lies ahead

Despite its recent loss-making performance, Homestyle has made significant progress over the past year. Although results should continue to improve, the tough conditions of the UK furniture market alongside heightened competition will present challenges for Homestyle and it is likely to face difficult times ahead.

Published By Datamonitor
01 Sep 2006
CommentWire
CommentWire

Homestyle Group: management must keep eye on the ball

As Homestyle continues to struggle in the competitive UK furniture market, Steinhoff International is looking to purchase the outstanding shares it does not already own. However, it is a change in trading fortunes that Homestyle needs, not necessarily ownership.

Published By Datamonitor
21 Nov 2006
CommentWire
CommentWire

HomeSense: new format from TK Maxx

The new HomeSense format offers designer homewares merchandise that has been heavily discounted. Any new store launch has an element of risk, and HomeSense's success depends on its ability to build its brand quickly and carve a niche for itself in an extremely competitive market.

Published By Datamonitor
10 Mar 2008

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